orker 14 Which of the following will likely cause a reductio

orker? 14) Which of the following will likely cause a reduction in ourput per w A) a reduction in education expenditures B) a reduction in the saving rate C) a reduction in on-the-job training D) all of the above

Solution

Option b.

A reduction in the saving rate.

The saving rate determines the level of out put per worker.

A higher saving rate will be caused by higher out put per worker.

While reduction in output per worker will pull down the saving rate and those savings will reduce.